The stock crash in China will NOT take down the US economy

Description

Description

"Carl Weinberg, chief economist at High Frequency Economics, takes a contrary view, noting that what happens in Shanghai has tended to have very little to do with what happens in New York.
So if slumping stocks in Shanghai didn’t do it, what was to blame for the U.S. selloff? Weinberg noted other oft-cited candidates included falling commodity prices; unrest in the Middle East; worries about the U.S. economy and risks tied to Fed policy, including a stronger dollar; and North Korea."